Trend Table for BSMC - Brandes U.S. Small-Mid Cap Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 31	A	Weak or Absent	N/A	Up	Flat	8.79%
May 30	C	Weak or Absent	N/A	Flat	Down	9.82%
May 29	C	Weak or Absent	N/A	Down	Down	10.82%
May 28	D	Weak or Absent	N/A	Flat	Down	10.02%
May 24	B	Weak or Absent	N/A	Flat	Down	9.34%
May 23	B	Weak or Absent	N/A	Flat	Down	9.70%
May 22	B	Weak or Absent	N/A	Up	Down	8.31%
May 21	A	Weak or Absent	N/A	Up	Flat	7.66%
May 20	B	Weak or Absent	N/A	Up	Flat	7.54%
May 17	A	Weak or Absent	N/A	Up	Up	6.90%